HOAs must take reasonable precautions for security purposes, but they are not insurers against criminal conduct

Indicate whether the statement is true or false


True

Business

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Gloria Catering provided $1,000 of catering services and billed its client for the amount owed. Determine the general journal entry that Gloria Catering will make to record this transaction.

A.

Accounts Receivable1,000 
Unearned Catering Revenue 1,000

B.
Unearned Catering Revenue1,000 
Catering Revenue 1,000

C.
Catering Revenue1,000 
Accounts Receivable 1,000

D.
Accounts Receivable1,000 
Catering Revenue 1,000

E.
Accounts Payable1,000 
Catering Revenue 1,000

Business

Write a note on metrics family tables

What will be an ideal response?

Business

At the pre-transaction point, the firm measures the ability to accurately provide shipment status and track the order.

Answer the following statement true (T) or false (F)

Business

David needs to acquire financial capital to purchase a printing press for his business. David can either acquire the financial capital for the press by borrowing money from a bank or by purchasing the press on credit from his supplier.

Answer the following statement true (T) or false (F)

Business